| Summary: | Small tourism businesses are extremely affected by COVID-19 pandemic all over the world. The pandemic
scenario in case of small tourism businesses in third-world country like Bangladesh was much critical. The study aims at
evaluating factors responsible for financial loss of small tourism businesses due to COVID-19 pandemic in Bangladesh. To
address the objective, Chi-square test, and logistic regression modeling have been applied to the quantitative primary data.
This study finds that education of the owner/manager, type of organization, office location, year of establishment, main targ et
customer and revenue earned before pandemic have significant relationship with financial loss during COVID-19. The results
of the research would assist entrepreneurs and policy-makers in weighing different factors directly connected with the profit
or loss in business and to formulate strategies for unpredicted crises.
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